I conducted an analysis of hundreds of crypto tokens, focusing on their funding rates. Specifically, I compared the average funding rates from the last 30 days with those from the previous three days.
Objective: Significant shifts in funding rates can serve as early indicators of changes in market sentiment.
Key Highlights:
Strong Positive Change đąđą
Celestia ($TIA)
Solar ($SXP)
Moderate Positive Change đą
DIA ($DIA)
Keep Network ($KEEP)
Chiliz ($CHZ)
Moderate Negative Change đŽ
Spell ($SPELL)
DODO ($DODO)
Strong Negative Change đŽđŽ
Reef ($REEF)
Terra ($LUNA)
About Funding Rates: Funding rates are periodic payments exchanged between long and short traders in futures markets to help align the contract price with the spot price. A positive funding rate suggests bullish sentiment (longs pay shorts), while a negative rate points to bearish sentiment (shorts pay longs).
